NOT LISTED FOR SALE

7950 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $1,441,000 - $2,048,065

3 Beds
3 Baths
2,466 Sq Ft
$680/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,250,000 $507 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $10,428/month

5 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • East Facing Home
  • Phillippi Shores Elementary School Rated A
  • 2 Car Attached Garage

About This Home

As of April 2021

FOR MLS PURPOSE ONLY!

Last Agent to Sell the Property

Robert Anderson Jr

RE/MAX ALLIANCE GROUP License #3054681 Listed on: 01/15/2021

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

David Lehrman

THE SARASOTA REAL ESTATE COMP. License #0591458

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,542

Year Built

  • Built in 2002

Lot Details

  • 9,834 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • East Facing Home
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,466 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Miramar Community
  • Mira Mar Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / B
  • Assessor Parcel Number 0127100026

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,542

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Water Extras: Dock - Wood
  • Water View: Yes
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2466.00
  • Homestead: Yes
  • Lot Size Acres: 0.23
  • Year Built: 2002
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4489119?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4489119?w=Customer
  • Lot Size Sq Ft: 9834
  • Directions to Property: Siesta Key ~ Midnight Pass ~ #7950
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047486
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Living Area Meters: 229.10
  • Street Number Modifier: 7950

Exterior Features

  • Direction Faces: East
  • Water Extras: Yes
  • Waterfront Feet Lagoon: 50
  • Water Access: Lagoon
  • Roof: Shingle
  • Water View: Lagoon
  • Flood Zone Code: AE
  • Water Access: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Miramar

Fee Information

  • Waterfront Frontage: 50

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: RSF2
  • Parcel Number: 0127100026
  • Lot Size Square Meters: 914

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Sarasota County
  • Lease Restrictions: Yes

Tax Info

  • Tax Annual Amount: 9542.05
  • Tax Block: B
  • Tax Book Number: 1-185
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 30, 2021
Sold by
Turner Michael L and Turner Julie Beth
Bought by
Engelmyer Steven J and Wershaw Lisa B
Seller's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
Buyer's Agent
David Lehrman
THE SARASOTA REAL ESTATE COMP.
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Current Estimated Value
$1,676,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,516
Avg. Annual Appreciation
6.87%
Original Mortgage
$1,000,000
Outstanding Balance
$904,833
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$771,683

Purchase Details

Listed on
Mar 29, 2013
Closed on
Feb 17, 2014
Sold by
Ferrao Anita
Bought by
Turner Michael L and Turner Julie Beth
Seller's Agent
Elaine Adair
RE/MAX ALLIANCE GROUP
List Price
$1,125,000
Sold Price
$885,000
Premium/Discount to List
-$240,000
-21.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Jun 18, 2011
Sold by
Luce Andrew
Bought by
Ferrao Anita

Purchase Details

Closed on
May 2, 2011
Sold by
Gallie Ian R and Gallie Beverley
Bought by
Luce Andrew and Ferrao Anita

Purchase Details

Closed on
Aug 23, 2004
Sold by
Teston Tamera
Bought by
Gallie Ian R and Gallie Beverley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2003
Sold by
Cowper Boyd H and Cowper Jocelyn J
Bought by
Teston Tamera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,400
Interest Rate
5.3%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Engelmyer Steven J $1,250,000 Attorney
Turner Michael L $885,000 Fidelity National Title Of F
Ferrao Anita -- Attorney
Luce Andrew $650,000 Attorney
Gallie Ian R $910,000 Lawyers Title Insurance Corp
Teston Tamera $843,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engelmyer Steven J $1,000,000
Previous Owner Gallie Ian R $660,000
Previous Owner Teston Tamera $674,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,250,000 -3.8% $507 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $1,299,000 +46.8% $527 / Sq Ft
02/17/2014 02/17/14 Sold $885,000 -21.3% $224 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $1,125,000 +27.1% $285 / Sq Ft
10/11/2013 10/11/13 Off Market $885,000 -- --
03/29/2013 03/29/13 For Sale $1,250,000 -- $317 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,472 $1,527,661 -- --
2023 $18,472 $1,657,700 $594,500 $1,063,200
2022 $15,266 $1,234,100 $438,200 $795,900
2021 $9,903 $790,977 $0 $0
2020 $10,176 $780,056 $0 $0
2019 $9,542 $737,200 $282,000 $455,200
2018 $9,952 $772,900 $339,800 $433,100
2017 $10,004 $776,559 $0 $0
2016 $9,981 $771,200 $323,100 $448,100
2015 $10,169 $755,300 $301,400 $453,900
2014 $7,658 $555,079 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4489119

Stellar MLS

APN: 0127-10-0026